Oura shelves its $2.2B IPO citing ‘uncertainty’ in the market
Smart ring manufacturer Oura has indefinitely postponed its $2.2 billion IPO, citing market uncertainty. Despite the delay, the company reports strong growth with 5.7 million paying members and a projected 90% revenue increase for 2026.
Why it matters
The decision reflects broader caution in the current IPO market despite strong individual company performance metrics.
Smart ring maker Oura has postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
The company, which had filed to offer 55 million shares at a range of $40 to $44 each in the IPO, did not provide additional details. The IPO would have valued Oura at up to $15 billion at the mid-point of that range.
“Our mission is to empower people to live healthier, longer, and an IPO is just one step in our journey. We aim to deliver an extraordinary IPO for our employees and investors and we have the luxury of choosing our moment. In the meantime, we will execute against the opportunities ahead,” the company’s CEO Tom Hale said in a statement .
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